XML 47 R29.htm IDEA: XBRL DOCUMENT v3.20.2
LOANS AND LEASES (Tables)
 6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Schedule of loans and leases
The following table presents the Company’s loans and leases disclosed in portfolio segments and classes:
(in millions)
June 30, 2020
 
December 31, 2019
Commercial(1)(2)

$48,017

 

$41,479

Commercial real estate
14,485

 
13,522

Leases
2,428

 
2,537

Total commercial loans and leases
64,930

 
57,538

Residential mortgages
19,245

 
19,083

Home equity
12,541

 
13,154

Automobile
12,028

 
12,120

Education
10,591

 
10,347

Other retail
6,378

 
6,846

Total retail loans(3)
60,783

 
61,550

Total loans and leases(4)

$125,713

 

$119,088


(1) Includes PPP loans fully guaranteed by the SBA of $4.7 billion as of June 30, 2020.
(2) SBA loans serviced for others of $45 million and $33 million at June 30, 2020 and December 31, 2019, respectively, are not included above. These loans represent the government guaranteed portion of SBA loans sold to outside investors.
(3) Mortgage loans serviced for others of $79.9 billion and $77.5 billion at June 30, 2020 and December 31, 2019, respectively, are not included above.
(4)  LHFS, at fair value of $3.6 billion and $1.9 billion at June 30, 2020 and December 31, 2019, respectively, and other LHFS of $1.4 billion at June 30, 2020 and December 31, 2019, are not included above.


Accrued interest receivable on loans and leases held for investment totaled $530 million and $495 million as of June 30, 2020 and December 31, 2019, respectively, and is included in other assets in the Consolidated Balance Sheets.
The following table presents the composition of LHFS.
 
June 30, 2020
 
December 31, 2019
(in millions)
Residential Mortgages(1)
Commercial(2)
Education(3)
Total
 
Residential Mortgages(1)
Commercial(2)
Total
Loans held for sale at fair value

$3,449


$182


$—


$3,631

 

$1,778


$168


$1,946

Other loans held for sale
—

426

936

1,362

 
1,101

283

1,384

(1) Residential mortgage LHFS are originated for sale.
(2) Commercial LHFS at fair value consist of loans managed by the Company’s commercial secondary loan desk. Other commercial LHFS generally consist of loans associated with the Company’s syndication business.
(3) Education other LHFS represents a loan portfolio sale expected to settle in third quarter 2020.